David Shaw D.E. Shaw & Co
David Shaw founded D. E. Shaw & Co., a pioneering quantitative investment firm that helped define systematic trading at scale. With a background in computer science, Shaw built teams that applied advanced computation to markets across equities, derivatives, and other assets. The firm remains one of the most important quant platforms in global finance, even as Shaw’s own public role has shifted over time.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.9B |
| 2 |
Broadcom
AVGO
|
+$1.07B |
| 3 |
NVIDIA
NVDA
|
+$908M |
| 4 |
Meta Platforms (Facebook)
META
|
+$861M |
| 5 |
Intuitive Surgical
ISRG
|
+$666M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.68B |
| 2 |
Apple
AAPL
|
+$1.31B |
| 3 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$789M |
| 4 |
GE Aerospace
GE
|
+$653M |
| 5 |
Applovin
APP
|
+$634M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 38.56% |
| 2 | Technology | 19.25% |
| 3 | Consumer Discretionary | 7.51% |
| 4 | Financials | 7.11% |
| 5 | Healthcare | 6.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2751
Teladoc Health
TDOC
$1.16B
| $2.28M | ﹤0.01% |
294,436
+153,224
| +109% | +$1.2M |
|
2752
Liberty Latin America Class A
LILA
$1.63B
| $2.28M | ﹤0.01% |
404,007
+178,040
| +79% | +$891K |
|
|
BLDP
2753
Ballard Power Systems
BLDP
$706M
| $2.27M | ﹤0.01% |
835,782
-957,541
| -53% | -$1.96M |
|
|
STKL
2754
DELISTED
SunOpta
STKL
| $2.27M | ﹤0.01% |
386,943
+301,206
| +351% | +$1.87M |
|
2755
CALL
Hershey
HSY
$36.4B
| $2.26M | ﹤0.01% |
12,100
-15,700
| -56% | -$2.85M |
|
2756
PUT
Teck Resources
TECK
$34.6B
| $2.26M | ﹤0.01% |
51,400
+32,000
| +165% | +$1.16M |
|
2757
CALL
SL Green Realty
SLG
$4.1B
| $2.25M | ﹤0.01% |
37,700
+11,000
| +41% | +$651K |
|
|
TBRG
2758
DELISTED
TruBridge
TBRG
| $2.25M | ﹤0.01% |
111,631
-58,975
| -35% | -$1.24M |
|
|
TSSI
2759
CALL
TSS Inc
TSSI
$238M
| $2.25M | ﹤0.01% |
+124,000
| New | +$2.48M |
|
2760
Quanta Services
PWR
$93.5B
| $2.25M | ﹤0.01% |
5,418
-300
| -5% | -$117K |
|
2761
CALL
Sprouts Farmers Market
SFM
$7.56B
| $2.24M | ﹤0.01% |
20,600
-13,500
| -40% | -$1.96M |
|
2762
Babcock & Wilcox
BW
$1.14B
| $2.24M | ﹤0.01% |
772,100
| – | – |
|
2763
Ribbon Communications
RBBN
$358M
| $2.24M | ﹤0.01% |
588,892
+172,205
| +41% | +$677K |
|
2764
Covenant Logistics
CVLG
$902M
| $2.24M | ﹤0.01% |
103,266
+25,395
| +33% | +$607K |
|
2765
CALL
Ondas Inc
ONDS
$4.99B
| $2.24M | ﹤0.01% |
+289,700
| New | +$1.2M |
|
2766
CALL
Global Payments
GPN
$24.5B
| $2.23M | ﹤0.01% |
26,900
-37,900
| -58% | -$3.19M |
|
2767
Sonoco
SON
$5.61B
| $2.23M | ﹤0.01% |
51,831
-45,816
| -47% | -$2.12M |
|
2768
CALL
Kadant
KAI
$3.61B
| $2.23M | ﹤0.01% |
7,500
| – | – |
|
2769
CALL
Alpha Metallurgical Resources
AMR
$2.88B
| $2.23M | ﹤0.01% |
13,600
-2,500
| -16% | -$347K |
|
2770
PUT
T-Mobile US
TMUS
$191B
| $2.23M | ﹤0.01% |
9,300
-100
| -1% | -$24.2K |
|
2771
FIGS
FIGS
$2.51B
| $2.23M | ﹤0.01% |
+332,637
| New | +$2.19M |
|
|
SRDX
2772
DELISTED
Surmodics
SRDX
| $2.22M | ﹤0.01% |
74,422
-29,483
| -28% | -$984K |
|
2773
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.95B
| $2.22M | ﹤0.01% |
19,929
+13,373
| +204% | +$1.32M |
|
|
WCC
2774
WESCO International
WCC
$17.1B
| $2.22M | ﹤0.01% |
10,492
+6,898
| +192% | +$1.45M |
|
2775
Core Laboratories
CLB
$564M
| $2.22M | ﹤0.01% |
179,380
+148,642
| +484% | +$1.74M |
|
Similar funds
David Shaw's Q3 2025 Portfolio in Review
As of Q3 2025, David Shaw held 5,023 positions worth $177B, up 26% from $141B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
David Shaw deployed $8.01B of net new capital in Q3 2025, opening 714 new positions and adding to 1,743 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 3,319,000 shares worth $370M.
By sector, the portfolio is most concentrated in Miscellaneous at 39% of assets, down from 39% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.68B trimmed.
- David Shaw's largest Q3 2025 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 3,319,000 shares worth $370M.
- David Shaw added most to Microsoft in Q3 2025, an estimated $1.9B increase.
- David Shaw's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.68B.
- David Shaw fully exited Hess in Q3 2025, selling an estimated $527M.
- David Shaw's ten largest holdings make up 13% of its $177B portfolio in Q3 2025.
- David Shaw opened 714 new positions and closed 514 in Q3 2025.
- David Shaw's portfolio value rose 26% quarter-over-quarter to $177B.
Based on D.E. Shaw & Co's 13F filing for Q3 2025, filed 14 Nov 2025.